Property profile

1224 Norwood St Wallace, NC 28466

OFF-MARKET
Retail properties & Spaces
27,581 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents a substantial 27,581-square-foot big box space available for lease in Wallace, North Carolina. Situated within the Town and Country Shopping Center, this property boasts a highly visible location in a thriving tertiary market, ideal for businesses seeking expansion or a new local presence. The space was previously occupied by a Food Lion grocery store, offering a ready-made layout and infrastructure. Located at 1224 N Norwood St, Wallace, NC 28466, in Duplin County, this single-tenant space provides ample room for a variety of retail concepts. The property's size and prominent location within the shopping center ensure high visibility and accessibility for customers. With its substantial square footage and established presence, this property represents a significant opportunity for businesses looking to establish a strong foothold in the Wallace market. The property is ready for immediate occupancy, offering a turnkey solution for retailers seeking a well-positioned space in a growing community. This is a rare opportunity to secure a large, high-traffic retail space in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 27,581 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

1224 Norwood St Wallace, NC 28466
Wallace metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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